Pros
Empathetic Leadership: The CEO is a remarkable individual with a deep sense of empathy.
Strong Initial Growth Plan: The company initially had impressive plans for employee treatment, benefits, career paths, processes, and excellent work tools.
Promising Start: When I joined, the company was poised for significant growth with promising strategies in place.
Cons
Struggle with Market Changes: Unfortunately, Tribal Credit struggled to adapt to shifts in the tech market.
Frequent Layoffs and Instability: The company experienced more than five rounds of layoffs, ranging from significant to minor, reflecting a lack of stability.
Internal Conflicts and Silos: There is noticeable conflict and ego clashes within teams. Silos within the organization hamper effective communication and collaboration.
Lack of Clear Vision and Changing Priorities: The company seems to be struggling with a clear product vision and frequently alters priorities, leading to confusion and inefficiency.
Inter-Departmental Conflicts: There is a significant conflict between the engineering and product teams. Engineering often lacks clear requirements and faces frequent priority shifts, while the product team's insights are not adequately considered by engineering. As a result, products are sometimes developed based on engineering leaders' decisions, who may not have sufficient business-level product knowledge or communication skills.